TNBiz (TNBiz)
World markets  |  December 07, 2010 15:00:05

BP is considering selling its assets in the North Sea


Mediafax

LONDON (MEDIAFAX) - British energy group BP is considering selling some assets in the North Sea. BP's main objective is to obtain the necessary funds to cover the costs of cleaning oil spills in the Gulf of Mexico, reported Bloomberg on Tuesday.

Sale of shares in the North Sea by the British company could fetch up to one billion dollars (18.76 billion CZK), Bloomberg said an unnamed source close to the matter. BP in this region, which has been operating for over 40 years, to sell some oil fields and infrastructure.

Bloomberg on the issue, adding that BP is present in the North Sea since the mid-60th the 20 century, while in this area also has 50 joint ventures with more than 40 companies.

BP is currently trying to cope with the ecological disaster in the Gulf of Mexico. The bill for the cleanup should reach $ 40 billion (750 billion CZK).

Deepwater Horizon rig, which he rented from the company BP Transocean, shook the 20th April explosion. The explosion and subsequent sinking of the platform leaked into the sea hundreds of millions of liters of oil to contaminate a large belt of the U.S. Coast and caused the greatest ecological disaster in U.S. history.

Simone Radacicova, radacicova@mediafax.cz

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